A primary objective of a recent high-level US diplomatic visit to China is to address and rebalance the bilateral current account deficit.

The primary competitive risk to the Western AI industry is not its internal development pace but the significant and often underestimated advancements being made in China.

Aditya Singhal predicts that after the current focus on large language models, the next major investment narrative in the Western technology sector will be robotics, spearheaded by Elon Musk's Optimus...

Aditya Singhal argues that Western nations must completely rebuild their domestic manufacturing capabilities to reduce their strategic dependence on China.

China and its aligned nations account for 55% of the world's manufacturing capacity, with their share reaching as high as 90-95% in certain sectors.

China controls the entirety of the world's cobalt refining capacity.

China is making substantial investments in its domestic AI ecosystem, including developing advanced models like Deepseek Version 4 and GLM-5 and building out GPU clusters using Huawei hardware.

China and its aligned nations are the primary creditors to Western countries, which are net debtors.

The current valuation of AI-related stocks is predicated on the market's expectation of massive capital expenditure in the Western AI technology stack over the next three to four years.

China's Huawei has developed AI chips that are comparable in performance to NVIDIA's H100 GPUs.